WEEL Distribution History & Yield
Peerless Option Income Wheel ETF · NYSEArca
Upcoming distribution payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Thu, Sep 24, 2026 (in 15 days) | Oct 8, 2026 | $0.60 | $60.00 | Estimated |
| Thu, Dec 24, 2026 (in 106 days) | Jan 7, 2027 | $0.60 | $60.00 | Estimated |
| Thu, Mar 25, 2027 (in 197 days) | Apr 8, 2027 | $0.60 | $60.00 | Estimated |
| Thu, Jun 24, 2027 (in 288 days) | Jul 8, 2027 | $0.60 | $60.00 | Estimated |
Estimated dates and amounts are projected from WEEL's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $2.40 per share.
Distribution payment history
Last 8 payments per share. RegularSpecial
Annual distributions per share
How much WEEL do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 500 | $10,348 | $1,200 |
| $500 / month | 2,500 | $51,739 | $6,000 |
| $1,000 / month | 5,000 | $103,477 | $12,000 |
Based on the forward yield of 11.60%. $10,000 in WEEL would currently pay about $1,160 a year ($97 a month on average). Model reinvestment and growth →
WEEL distribution history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Jun 25, 2026 | — | $0.60 | +0.0% |
| Mar 26, 2026 | — | $0.60 | -20.0% |
| Dec 30, 2025 | — | $0.75 | +25.0% |
| Sep 25, 2025 | — | $0.60 | +0.0% |
| Jun 26, 2025 | — | $0.60 | +0.0% |
| Mar 27, 2025 | — | $0.60 | -18.0% |
| Dec 27, 2024 | — | $0.732 | +22.0% |
| Sep 25, 2024 | — | $0.60 | — |
Payout risk check
WEEL's last 12 distributions were very stable (consistency score 90/100).
Its share price moved +1.5% over the past year.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Peerless Option Income Wheel ETF
The fund is an actively managed exchange-traded fund (“ETF”) that seeks current income. The fund’s strategy consists of two main components: firstly, investing in a range of sector-specific ETFs and, in some instances, individual securities; and secondly, implementing an “option wheel strategy.” The option wheel strategy focuses on writing options on the fund’s holdings in these sector-based ETFs and individual securities. The fund is non-diversified.
Fund family: Peerless ETFs. Category: Derivative Income. First distribution on our records: Sep 25, 2024. 8 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.
WEEL distribution FAQ
When is WEEL's next ex-distribution date?
WEEL's next ex-distribution date is Sep 24, 2026 (in 15 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.60 per share, expected on Oct 8, 2026.
How often does WEEL pay distributions?
WEEL pays distributions every quarter, 4 times a year. The most recent payment was $0.60 per share with an ex-date of Jun 25, 2026.
What is WEEL's distribution yield?
WEEL's trailing 12-month distribution yield is 12.32%, based on $2.55 per share paid over the last year and a share price of $20.70. The forward yield, using the indicated annual rate of $2.40 per share, is 11.60%.
How much does WEEL pay per share?
WEEL pays about $0.60 per share each quarter, which works out to roughly $2.40 per share a year. 100 shares would collect about $240.00 a year.
Has WEEL grown or cut its distribution?
WEEL has raised its annual distribution for 1 consecutive year.
How many shares of WEEL do I need to earn $100 a month?
At the current forward yield of 11.60%, you would need about 500 shares of WEEL (roughly $10,348 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.
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